NOT LISTED FOR SALE

210 Genesee St Chittenango, NY 13037

Estimated Value: $391,983

-- Bed
-- Bath
4,288 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $240,500 $56 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,449/month

39 Days on Market

Highlights

  • Tile Flooring
  • Baseboard Heating
  • 2-minute walk to Chittenango Creek Walk

About This Home

As of August 2018

Fully occupied, turn-key 7 unit mixed use building in Chittenango is for sale! 2 commercial storefronts on main drag, currently occupied by dog groomer & bike repair shop. Then, 5 apartments. Four are 1 bedrooms, & one is a 2 bedroom. All are occupied, and several have significant room to increase rents (longtime tenants paying below market rent). The building grosses $3400.00 a month. Expenses are low as nearly all utilities are paid by tenants! Good parking in rear of building. Great opportunity to purchase an investment already performing with upside. Super addition to existing portfolio, or first investment! 10k credit at closing for roof. Being sold at a 9.5 cap rate! Although the original built date is 1900, the property shows addition built in the 80's & the right side in 1966

Last Agent to Sell the Property

Gabe Seifter

Listing by Hunt Real Estate ERA License #10301220827 Listed on: 05/02/2018

Hunt Real Estate ERA

Last Buyer's Agent

Celeste Greiner

Listing by Real Broker NY LLC License #10301219405

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,815

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x119

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,288 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • No Garage
  • Driveway

Schools

  • Chittenango High School

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes snow removal, cable TV, water
  • Tax Lot 18
  • Assessor Parcel Number 254801-049-034-0001-018-000-0000

Community Details

Overview

  • 5 Units
  • Chittenango Canal Subdivision

Building Details

  • 7 Separate Gas Meters
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,815

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Snow Removal, Cable TV, Water
  • Year Built: 1900
  • Road Frontage Type: Main Thoroughfare
  • Subdivision Name: Chittenango Canal
  • Directions: 210 Genesee St in the heart of the village just 2 doors west of village parking lot and close to other village parking. Next to St. Paul's Episcopal Church.
  • Flooring: Carpet, Laminate, Tile, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Commercial
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: None
  • Basement YN: No
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway, No Garage

Utilities

  • Heating: Electric, Gas, Baseboard, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Chittenango
  • Ninth Grade High School: Chittenango High

Lot Info

  • Parcel Number: 254801-049-034-0001-018-000-0000
  • Lot Dimensions: 50X119
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 40800.0
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7

Tax Info

  • Tax Annual Amount: 7815.0
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 31, 2018
Sold by
262 Genesee Llc
Bought by
Cny Abode Llc
Seller's Agent
Gabe Seifter
Hunt Real Estate ERA
Buyer's Agent
Celeste Greiner
Real Broker NY LLC
List Price
$249,900
Sold Price
$240,500
Premium/Discount to List
-$9,400
-3.76%
Current Estimated Value
$391,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,483
Avg. Annual Appreciation
7.04%
Original Mortgage
$184,400
Outstanding Balance
$160,144
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,839

Purchase Details

Closed on
Jan 29, 2016
Sold by
Gardinier Rentals Llc
Bought by
262 Genesee Llc

Purchase Details

Closed on
Sep 30, 2003
Sold by
Raineri Christine
Bought by
Gardinier Rentals Inc

Purchase Details

Closed on
Jan 14, 1998
Sold by
Crouse Jere A
Bought by
Raineri Christine
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cny Abode Llc $240,500 --
262 Genesee Llc $215,000 James P Roman
Gardinier Rentals Inc $150,000 Robert Benson
Raineri Christine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cny Abode Llc $184,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2018 08/02/18 Sold $240,500 -3.8% $56 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $249,900 -- $58 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,361 $190,000 $27,300 $162,700
2023 $9,007 $190,000 $27,300 $162,700
2022 $8,211 $179,000 $27,300 $151,700
2021 $8,166 $179,000 $27,300 $151,700
2020 $8,013 $179,000 $27,300 $151,700
2019 $7,807 $179,000 $27,300 $151,700
2018 $7,807 $179,000 $27,300 $151,700
2017 $7,815 $179,000 $27,300 $151,700
2016 $7,796 $179,000 $27,300 $151,700
2015 -- $179,000 $27,300 $151,700
2014 -- $179,000 $27,300 $151,700
Source: Public Records

Agents Affiliated with this Home

  • Gabe Seifter

    Seller's Agent in 2018

    Gabe Seifter

    Hunt Real Estate

    (315) 559-5068

    2 in this area

    171 Total Sales

    Gabe Seifter
    Section Image
  • Celeste Greiner

    Buyer's Agent in 2018

    Celeste Greiner

    Real Broker NY LLC

    (315) 430-0030

    34 Total Sales

    Celeste Greiner
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1114524

Central New York Information Services

APN: 254801-049-034-0001-018-000-0000

New York Madison County Chittenango 13037

210 Genesee St, Chittenango, NY

This home is located at 210 Genesee St, Chittenango, NY 13037 since 02 May 2018 and is currently estimated at $391,983, approximately $91 per square foot. This property was built in 1900. 210 Genesee St is a home located in Madison County with nearby schools including Chittenango High School.

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